CONTRACTING YOUR SALESFORCE
CONTRACTING YOUR SALESFORCE The Way Forward Or Just A Pipe Dream?
It's paradoxical that the IT industry, responsible for massive
global change, should be so restrained and unimaginative in
adopting new and creative employment patterns.
Despite the ease with which the dedicated seeker can network and
directly sell themselves to employers, there continues to be a
proliferation of recruitment consultants. Unsurprisingly, as
trends indicate that, in spite of regular and fierce culling,
opportunities are increasing again. IT will continue to be a
growth area as newer technologies surface. But does that mean we
should stay stuck in past employment patterns?
Indeed with the exceptional number of both recruitment
consultants coupled with available professionals for hire, new
perspective selling (NPS) should be a key element to industry
strategy. But who actually controls the process? The recruitment
consultant or the employer? And who can drive the industry
forward?
Broadly speaking, recruitment consultants can be sorted into
intuitives and commodotisers. The commodotiser is recognisable
mainly when the market dips. As pipelines dry, the commodotiser
feels the pressure and succumbs to negative messages. Their
strength traditionally lies in checklists - matching skills-sets
against an employer's perfect model. And there is nothing wrong
with that. It works well - when good times are constant.
The intuitives on the other hand know their clients, both the
employer who pays them, and their product - the sales
professional. They are gifted with the ability to think
laterally and find ways of kick-starting the industry into life
again. They know how to maximise this amazing talent bank to an
industry which is never going to grind to a halt. They know how
to show their clients when to use transferable skills and other
experience in new and creative ways, to further revenue.
Regardless of decimated sales forces, revenue targets very
rarely go down.
New perspective selling (NPS) takes brave thinking. The bravest
form of NPS is with outsourcing the salesforce.
The precedent already exists in the States. A bank lacked the
personnel needed to launch an aggressive campaign. Current sales
staff had their hands full, servicing existing accounts with
little spare time or focus vital to success. Cold calling also
required an expertise lacking in-house. A strategic sales team
of driven professionals were outsourced to target and build
personal relationships with their key growth market. Federal
banking regulations had to be strictly followed. The sales team
had to be consistent with the bank's professional corporate
image and philosophy. The outsourced sales professionals had to
identify the prospects, introduce them to the products, and then
turn them over to internal bank personnel to complete the deals,
deploy, administer and manage onwards.
This same sales outsourcing company has achieved successes in
telecommunications, energy, healthcare, and technology markets.
In Britain, this model has been used within the pharmaceutical
industry for some time. But do we have this same entrepreneurial
spirit?
The will to change is not yet matched with the enthusiasm - or
the know-how. Ploughing the furrow is always for some other. And
in the rush to commodity sell that next CV, why upset the HR?
Well it's not upsetting the HR. It's not even upsetting the
Sales Director. If their immediate need to see upward movement
in the pipeline is met without employment issues, protracted
contractual negotiations and so forth, they will be very happy
indeed.
Historically, HR has employed headhunters to pick off the top
players from an equivalent or competitive environment. However,
success is not achieved as simply as that. Top performers in one
pond frequently fail to make the grade as highly in a fresh one.
And it has become more and more expensive to clear the decks
again.
But what type of sales professional would suit? No one ever
achieved true wealth working for another. Control of one's sales
destiny lies with management decisions than can keep an
entrepreneurial mind in short trousers.
Unless they have deliberately taken a sabbatical, most sales
professionals would rather have an opportunity for generating
healthy income as well as maximising existing experience and
relationships, with continuity being the keyword. This model
could also allow both the company and the professional to
consider a more permanent arrangement.
There are a number of ways in which this can be managed in terms
of sales cycle, the relationships and administering compensation
plans. For example, Quantifiable Revenue Equivalents (QREs) will
probably be one measurement criterion for the individual
outsourced sales professional. Agencies owning and controlling
the sales force is another.
Selling some forms of software is undeniably complex and
complicated. However, over the years, even the most complex of
products and services has been commodotised and simplified - in
the selling process rather than the fiscal value! Quantifying
and phasing each step of the sale will be vital to successful
implementation.
With the industry's pace of change and renewed pressure for
faster return on investment - from both client and VC - the
demand for new perspective selling will develop and increase.
Thoreau recommended never hiring a person who works for money
but rather one who works for love of it. This will be the
perfect time to nurture those with a true love of both selling
and their industry.